Spatial Planning and Segmentation of the Land Market

Tinbergen Institute Discussion Paper 16-018/VIII

30 Pages Posted: 21 Mar 2016

See all articles by Or Levkovich

Or Levkovich

VU University Amsterdam - Department of Spatial Economics

Jan Rouwendal

VU University Amsterdam - Department of Spatial Economics; Tinbergen Institute

Date Written: March 7, 2016

Abstract

In this paper we provide evidence of segmentation of the Dutch land markets by spatial planning into three compartments referring to agricultural, industrial and residential use. We analyze transactions of ready-to-be developed land provided by the Dutch Land Register (Kadaster) and find that residential land is much more expensive than industrial land. We also compare the prices observed in these transactions with prices for agricultural land in the vicinity and find that agricultural land is much cheaper than residential and industrial land.

Keywords: land use policy, spatial planning, land prices

JEL Classification: R52, R21, R33

Suggested Citation

Levkovich, Or and Rouwendal, Jan, Spatial Planning and Segmentation of the Land Market (March 7, 2016). Tinbergen Institute Discussion Paper 16-018/VIII, Available at SSRN: https://ssrn.com/abstract=2752432 or http://dx.doi.org/10.2139/ssrn.2752432

Or Levkovich (Contact Author)

VU University Amsterdam - Department of Spatial Economics ( email )

De Boelelaan 1105
1081HV Amsterdam
Netherlands

Jan Rouwendal

VU University Amsterdam - Department of Spatial Economics ( email )

De Boelelaan 1105
1081HV Amsterdam
Netherlands

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

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